Can I get some help? The WHOLE problem, PLEASE? Please scroll down! There are 5 photos containing the problem! All of the information IS THERE!! LOOK FURTHER THAN YOUR NOSE!!!

57. Daniel B. Butler and Freida C. Butler, husband and wife, file a joint return. The Butlers live at 625 Oak Street in Corbin, KY 40701. Dan's Social Security number is 111-11-1112, and Freida's is 123-45-6780. Dan was born on January 15, 1968, and Freida was born on August 20, 1969. During 2019, Dan and Freida furnished over half of the total support of each of the following individuals, all of whom still live at home: a. Gina, their daughter, age 22, a full-time student, who married on December 21, has no income of her own and did not file a joint return with her husband, Casey, who earned $10,600 during 2019. Gina's Social Security number is 123-45-6788. b. Willie, their son, age 19. graduated high school in May 2019. He is taking a leap year and will not begin college until 2020. He had gross income of $6,300 in 2019. Willic's Social Security number is 123-45-6787 c Ben, their oldest son, age 26, is a full-time graduate student with gross income of $5,200. Ben's Social Security number is 123-45-6786. Dan was employed as a manager by WIJJ, Inc. (employer identification number 11-1111111, 604 Franklin Street, Corbin, KY 40702), and Freida was employed as a salesperson for Corbin Realty, Inc. (employer identification number 98-7654321,899 Central Street, Corbin, Ky 40701). Selected information from the W-2 forms provided by the employers is presented below. Dan and Freida use the cash method. Line Dan Freida 1 Description Wages, tips, other compensation Federal income tax withheld State income tax withheld 2 $74,000 11,000 2,960 $86,000 12,400 3,440 17 Freida sold a house on December 30, 2019, and will be paid a commission of $3,100 (not included in the $86,000 reported on the W-2) on the January 10, 2020, closing date. Other income (as reported on 1099 forms) for 2019 consisted of the following: Dividends on CSX stock (qualified) $4,200 Interest on savings at Second Bank 1,600 Interest on City of Corbin bonds 900V Interest on First Bank CD 382 The $382 from First Bank was an original issue discount. Dan and Freida collected $16,000 on the First Bank CD that matured on September 30, 2019. The CD was purchased on October 1, 2017, for $14,995, and the yield to maturity was 3.3%. Dan participated on a game show and won a cash prize of $7,000. In addition to the above information, Dan and Freida's itemized deductions included the following: $ 700V 600 Paid on 2019 Kentucky income tax Personal property tax paid Real estate taxes paid Interest on home mortgage (Corbin S&L) Cash contributions to the United Way 1,800 4,900 800 Sales tax from the sales tax table is $1,860. Dan and Freida made Federal estimated tax payments of $8,000. They have never owned or used any virtual currency, and they do not wish to contribute to the Presidential Election Campaign. The Kentucky income tax rate is 4%. Part 1Tax Computation Compute Dan and Freida's 2019 Federal income tax payable (or refund due). If you use tax forms for your computations, you will need Form 1040 and Schedules 1, 3, and B. Suggested software: ProConnect Tax Online. Income items will be approximately the same as they were in 2019 (including the prize winnings). Assume that Willie will be enrolled in college as a full-time student for the summer and fall semesters. Will the Butlers have more or less disposable income (after Federal income tax) in 2020? Write a letter to the Butlers that contains your advice, and prepare a memo for the tax files. 57. Daniel B. Butler and Freida C. Butler, husband and wife, file a joint return. The Butlers live at 625 Oak Street in Corbin, KY 40701. Dan's Social Security number is 111-11-1112, and Freida's is 123-45-6780. Dan was born on January 15, 1968, and Freida was born on August 20, 1969. During 2019, Dan and Freida furnished over half of the total support of each of the following individuals, all of whom still live at home: a. Gina, their daughter, age 22, a full-time student, who married on December 21, has no income of her own and did not file a joint return with her husband, Casey, who earned $10,600 during 2019. Gina's Social Security number is 123-45-6788. b. Willie, their son, age 19. graduated high school in May 2019. He is taking a leap year and will not begin college until 2020. He had gross income of $6,300 in 2019. Willic's Social Security number is 123-45-6787 c Ben, their oldest son, age 26, is a full-time graduate student with gross income of $5,200. Ben's Social Security number is 123-45-6786. Dan was employed as a manager by WIJJ, Inc. (employer identification number 11-1111111, 604 Franklin Street, Corbin, KY 40702), and Freida was employed as a salesperson for Corbin Realty, Inc. (employer identification number 98-7654321,899 Central Street, Corbin, Ky 40701). Selected information from the W-2 forms provided by the employers is presented below. Dan and Freida use the cash method. Line Dan Freida 1 Description Wages, tips, other compensation Federal income tax withheld State income tax withheld 2 $74,000 11,000 2,960 $86,000 12,400 3,440 17 Freida sold a house on December 30, 2019, and will be paid a commission of $3,100 (not included in the $86,000 reported on the W-2) on the January 10, 2020, closing date. Other income (as reported on 1099 forms) for 2019 consisted of the following: Dividends on CSX stock (qualified) $4,200 Interest on savings at Second Bank 1,600 Interest on City of Corbin bonds 900V Interest on First Bank CD 382 The $382 from First Bank was an original issue discount. Dan and Freida collected $16,000 on the First Bank CD that matured on September 30, 2019. The CD was purchased on October 1, 2017, for $14,995, and the yield to maturity was 3.3%. Dan participated on a game show and won a cash prize of $7,000. In addition to the above information, Dan and Freida's itemized deductions included the following: $ 700V 600 Paid on 2019 Kentucky income tax Personal property tax paid Real estate taxes paid Interest on home mortgage (Corbin S&L) Cash contributions to the United Way 1,800 4,900 800 Sales tax from the sales tax table is $1,860. Dan and Freida made Federal estimated tax payments of $8,000. They have never owned or used any virtual currency, and they do not wish to contribute to the Presidential Election Campaign. The Kentucky income tax rate is 4%. Part 1Tax Computation Compute Dan and Freida's 2019 Federal income tax payable (or refund due). If you use tax forms for your computations, you will need Form 1040 and Schedules 1, 3, and B. Suggested software: ProConnect Tax Online. Income items will be approximately the same as they were in 2019 (including the prize winnings). Assume that Willie will be enrolled in college as a full-time student for the summer and fall semesters. Will the Butlers have more or less disposable income (after Federal income tax) in 2020? Write a letter to the Butlers that contains your advice, and prepare a memo for the tax files